Nikulski Financial Inc. Sells 1,901 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Nikulski Financial Inc. lowered its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 2.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,640 shares of the e-commerce giant’s stock after selling 1,901 shares during the period. Amazon.com comprises 4.6% of Nikulski Financial Inc.’s investment portfolio, making the stock its 3rd biggest position. Nikulski Financial Inc.’s holdings in Amazon.com were worth $15,498,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. Grange Capital LLC acquired a new stake in Amazon.com in the 4th quarter valued at about $1,041,000. Toth Financial Advisory Corp raised its position in Amazon.com by 3.0% in the 4th quarter. Toth Financial Advisory Corp now owns 19,971 shares of the e-commerce giant’s stock valued at $4,381,000 after purchasing an additional 581 shares in the last quarter. Monte Financial Group LLC raised its position in Amazon.com by 13.8% in the 4th quarter. Monte Financial Group LLC now owns 1,858 shares of the e-commerce giant’s stock valued at $408,000 after purchasing an additional 226 shares in the last quarter. AEGON ASSET MANAGEMENT UK Plc raised its position in Amazon.com by 40.7% in the 4th quarter. AEGON ASSET MANAGEMENT UK Plc now owns 1,705,880 shares of the e-commerce giant’s stock valued at $374,168,000 after purchasing an additional 493,351 shares in the last quarter. Finally, CFS Investment Advisory Services LLC raised its position in Amazon.com by 4.2% in the 4th quarter. CFS Investment Advisory Services LLC now owns 12,687 shares of the e-commerce giant’s stock valued at $2,783,000 after purchasing an additional 515 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analysts Set New Price Targets

AMZN has been the topic of a number of recent analyst reports. Monness Crespi & Hardt increased their price objective on Amazon.com from $225.00 to $245.00 and gave the company a “buy” rating in a report on Friday, November 1st. Rosenblatt Securities increased their price objective on Amazon.com from $236.00 to $287.00 and gave the company a “buy” rating in a report on Friday, February 7th. Sanford C. Bernstein increased their price objective on Amazon.com from $235.00 to $265.00 and gave the company an “outperform” rating in a report on Wednesday, December 18th. Wells Fargo & Company dropped their price objective on Amazon.com from $212.00 to $207.00 and set an “equal weight” rating on the stock in a report on Friday, February 7th. Finally, Redburn Atlantic increased their price objective on Amazon.com from $225.00 to $235.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Two investment analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $260.74.

Insiders Place Their Bets

In related news, Director Jonathan Rubinstein sold 4,351 shares of the business’s stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $229.85, for a total value of $1,000,077.35. Following the transaction, the director now owns 88,203 shares in the company, valued at approximately $20,273,459.55. The trade was a 4.70 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Matthew S. Garman sold 15,260 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $200.19, for a total value of $3,054,899.40. Following the sale, the chief executive officer now owns 349,261 shares in the company, valued at $69,918,559.59. The trade was a 4.19 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 24,348 shares of company stock worth $5,036,214 over the last quarter. 10.80% of the stock is owned by corporate insiders.

Amazon.com Price Performance

AMZN stock opened at $230.37 on Friday. The stock has a 50-day moving average price of $227.98 and a two-hundred day moving average price of $201.78. Amazon.com, Inc. has a 12-month low of $151.61 and a 12-month high of $242.52. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.21. The company has a market cap of $2.42 trillion, a PE ratio of 41.66, a price-to-earnings-growth ratio of 1.36 and a beta of 1.15.

Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, February 6th. The e-commerce giant reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.34. Amazon.com had a return on equity of 25.49% and a net margin of 9.29%. As a group, research analysts predict that Amazon.com, Inc. will post 6.24 EPS for the current year.

About Amazon.com

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.